Travel + Leisure Co. Acquires Accor Vacation Club for $48.4 Million
January 31, 2024
Travel + Leisure Co. agreed to acquire Accor’s vacation ownership business, Accor Vacation Club, in a $48.4 million deal. The agreement covers 24 resorts and nearly 30,000 members, with Travel + Leisure Co. expected to close in the first quarter of 2024 and immediately benefit earnings upon completion.
- Buyers
- Travel + Leisure Co.
- Targets
- Accor Vacation Club
- Sellers
- Accor
- Industry
- Consumer Products
- Location
- Singapore
- Transaction Type
- Buyout
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